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Observatory | Double volume | balcony | Work / Live
R 2,300,000
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General Details
Location:
Description
5 Howe Street is a mixed use development situated in a quiet part of Observatory, with 24/7 manned and gated security. It's a creative block which attracts people who want to live and work in the same premises. This office space doubles as a residence with an en-suite bedroom on the mezzanine level, and large picture windows at the rear. It is characterized by double volume height at the rear of the unit, with a balcony overlooking Table Mountain. The property is sold with vacant occupation on transfer. VAT applicable sale.
On the ground floor, the premises features an open plan office underneath the mezzanine , residential style kitchenette, bathroom with shower, open plan office with double volume, and a balcony overlooking the mountain. On the mezzanine level there are three rooms one of which is currently a bedroom with an en-suite, the bathroom adjoins another unit and so is effectively shared.
Property Reference #: CL3374
Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
On the ground floor, the premises features an open plan office underneath the mezzanine , residential style kitchenette, bathroom with shower, open plan office with double volume, and a balcony overlooking the mountain. On the mezzanine level there are three rooms one of which is currently a bedroom with an en-suite, the bathroom adjoins another unit and so is effectively shared.
Property Reference #: CL3374
Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
Id Subtitle 1269368680
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Estimated monthly repaymentR 24,926
Total property loan amountR 2,300,000
Total interestR 3,682,063
Total repaymentR 5,982,063
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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